Recent content by AJK

Hi all, If you purchase a property that is unrenovated, will the banks or lenders let you borrow an additional borrowing amount on top of the loan for renovation work? Cheers,

Everything the government touch turns to crap. Including super. How are people meant to fund their retirement when the government is going to take half of the profit?

Hi Guys, Is it a good move to buy a unit next door to a small baptist church? Appreciate answers. Cheers

If you are going to buy in the current market, you need to be able to explain why you think it's a good investment and what you expect to achieve from it. If you can't explain that , you need to spend more time reseaching and looking at different ways of investing , before you take the plunge...

Thats the kind of reply I was expecting. :)

Hi Skater, Can I break it down further and and ask which town? Im currently researching regional areas for + CF props. Cheers

Hiya, Can get peoples analysis for the surburb of Rockdale in Sydney's Middle ring. Much appreciated. Cheers AJK

hmmm lets see.. 50% Buy an established proving money making machine business. 25% Negative geared properties. 20% Positive geared properties outight. 5% Trade options or travel to europe. AJK :)

Hi Nick and Shane, I love discussing this topic on OLD vs New/OTP. As mentioned in a similar post previously. I will ramble on a little more on the disadvantages and advantages between OTP/New vs OLD just to give you some idea and a clearer understanding between the two. At the end of...

Hi Flavs, First you have come to right place for advice. Your investment advisor sounds bias and unprofessional. Ask him or her if they've ever purchased off-the plan or new properties and have made any money out of them. First thing you should do tomorrow morning is ditch your so...

The 221D tax variation form minimises your holding costs (good for the banks eyes) That means the ATO can instruct your employer to deduct less tax from your salary. It only applies to PAYE salary. However, if you are paying provisional tax, then just pay yourself a salary. Remember the ATO...

Agree with PT. Just thought I'd share this amusing article with others.

Interesting read. ASTROLOGER PREDICTS PROPERTY PRICES He's got a good record of success. He's one of the top ten astrologers in the world. Millions of people know the beaming smile of Milton Black. But thousands of property investors will be frowning at his prediction for real estate...

Acey wrote: You sound like an enlightened version of a friend of mine....I watched her burn out 3 times in succession.....she never had any assets, but was always warning me about property being a bad risk. Dont you love it when you listen to people that have no assets particularly...

Congratualtions Chris! What an age to be starting out of the path to wealth building. You wouldnt want to know what I was doing at your age. Definately not wealth building. If you look at the figures commonly used, you can see that while eight people out of a hundred will achieve financial...